ar.io

About

ar.io is a global network, protocol, and currency that enables the permaweb.

Westwood,New Jersey,United States
11 - 50
https://ar.io

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $17.20M
Industries: Blockchain,Cloud Data Services,Cloud Security,Data Storage
Founded date: Jan 1, 2020
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Permanent Data Solutions, Inc.

ArDrive provides permanent, secure, always-on data storage for a single, one-time fee. Keep documents, photos, and videos safe in an indelible vault for a lifetime. The company in 2020 was founded by Phil Mataras.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$18.80M

ar.io has raised a total of $18.80M in funding over 2 rounds. Their latest funding was raised on Feb 26, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Feb 26, 2022	Seed	$17.20M	14	Arweave Blockchain Capital Sino Global Capital	—	Detail
May 19, 2021	Seed	$1.60M	6	D1 Capital Partners SevenX Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

18

ar.io is funded by 18 investors. Arweave and Blockchain Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Arweave	Yes	Seed
Blockchain Capital	Yes	Seed
Sino Global Capital	Yes	Seed
D1 Capital Partners	Yes	Seed
ArkStream Capital	—	Seed
Cipholio Ventures	—	Seed
Compute Ventures	—	Seed
Dorm Room Fund	—	Seed
Foresight Ventures	—	Seed
Hypersphere Ventures	—	Seed